NEWS

IEA updates forecast for oil production

DECEMBER 14, 2021

The International Energy Agency (IEA) has slightly lowered its forecast about the oil production in non-OPEC + countries this year, Report informs.

According to the IEA, compared to last month, the forecast for daily oil production in these countries this year was reduced by 100,000 barrels to 47.6 million barrels. The reason for this is that the production in Brazil will decrease in exchange for an increase in the United States.

https://report.az/en/energy/iea-updated-forecast-for-oil-productioniea-updates-forecast-for-oil-production/